$1,495,000 - 7995 CATHEDRAL Drive, Niagara Falls
Detached for Sale in Niagara Falls
41 days on marketNeighbourhood: 208 - Mt. Carmel
- MLS Number
- X13561600
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 4
- Bathrooms
- 10
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- ROYAL LEPAGE NRC REALTY
Location, Location, Location! Nestled in one of Niagaras most sought-after neighbourhoods and surrounded by other high-end homes, this exceptional luxury residence offers the perfect blend of tranquility and modern living. Situated on a premium lot with no rear neighbours and mature trees framing a private backyard oasis, this home promises both peace and prestige. From the moment you arrive, the luxurious curb appeal sets the tone. A striking exterior welcomes you, and as you step through the entrance, you're immediately greeted by a stunning winding staircase and a breathtaking exquisite chandelier, setting the stage for the elegance throughout.Thoughtfully designed for both style and function, the main floor features a spacious primary bedroom with a lavish 6-piece ensuite that is ideal for elderly family members or those seeking main-floor privacy. A formal dining room, front home office, and a convenient main-floor laundry room add everyday practicality.The heart of the home is the gourmet kitchen, complete with high-end appliances, custom cabinetry, and finishes that elevate the space. The expansive living room has 18 foot ceilings and the room is bathed in natural light, thanks to the large windows that offer serene views of the backyard and beyond. Step outside into your private outdoor haven, where the deep lot and no rear neighbours provide unmatched seclusion. Upstairs, you'll find two generously sized bedrooms plus a bonus loft-style room above the garage, which can serve as a second primary suite, media room, or guest quarters. For the car enthusiast or hobbyist, the oversized garage is a dream come true. With a double-deep design on one side, it easily accommodates up to three vehicles, with ample space for storage or a workshop. The basement offers a vast open space, perfect for a home gym or the opportunity to create a completely separate living space, ideal for multi-generational families or those seeking rental potential.
Estimate your monthly payments for this property
Estimated Payment
$6,612.89/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 208 - Mt. Carmel
208 - Mt. Carmel is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 208 - Mt. Carmel
- •Convenient location in Niagara Falls
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
208 - Mt. Carmel offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
7995 CATHEDRAL Drive, Niagara Falls
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $498/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Niagara Falls. Good resale value as demand remains consistent.
Bathroom Count Matters
With 10 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.